The WA Government has today executed agreements to secure domestic gas arrangements, local industry participation and community development benefits for the Waitsia Gas Project Stage 2.
The arrangements will allow the project to proceed to construction once environmental approvals are granted and other associated government approvals are in place.
The Waitsia project is set to create 200 jobs during construction and provide royalties and economic stimulus for the Mid-West region and the State.
The 250 terajoule per day domestic gas facility will be the first large-scale gas plant built in the highly prospective Perth Basin.
The Waitsia Joint Venture will fill available capacity at the North West Shelf LNG facility for a time, with government approval to export 7.5 million tonnes of gas until the end of 2028.
The project will deliver large volumes of gas into the WA market in support of new energy-intensive industry development in the State.
Consistent with the WA Domestic Gas Policy, up until 2028 the Waitsia Joint Venture will make gas equivalent of 15 per cent of its LNG exports available to the domestic market.
From 2029, all remaining Waitsia reserves will be made available to the domestic market.
The Domestic Gas Commitment Agreement and information about the Project Development Deed will be available on the wa.gov.au website in the new year.
As stated by Premier Mark McGowan:
"The WA Government is committed to supporting projects that create more jobs for Western Australians.
"The Waitsia Gas Project Stage 2 will provide energy certainty to the Mid-West and the State, and will deliver direct economic benefits to the WA economy while filling capacity at the Karratha Gas Plant.
"Gas will continue to be an important part of the WA economy, as the State continues to be one of the world's largest producers of LNG."
